Sold
Last Sold Price
2 beds1,479 sqft
50 Rantoul St, Unit 502, Beverly, MA 01915
CondoProperty Type
1988Year Built
$358/sq ftPrice per sq ft
$695/moHOA Fees
1 carParking Spaces

Description

One of the largest units in the complex, this top-floor LOFT-style Penthouse at The Gateway in vibrant Downtown Beverly offers both space and style. Professionally managed community that has seen major improvements: completely redesigned /upgraded interior common areas, Updated fire safety systems/sprinkler pumps, elevators, newly equipped fitness center, refreshed roof deck (South), in-ground pool updates. New windows in this unit for energy efficiency & light. Soaring 15ft ceilings, exposed brick,...One of the largest units in the complex, this top-floor LOFT-style Penthouse at The Gateway in vibrant Downtown Beverly offers both space and style. Professionally managed community that has seen major improvements: completely redesigned /upgraded interior common areas, Updated fire safety systems/sprinkler pumps, elevators, newly equipped fitness center, refreshed roof deck (South), in-ground pool updates. New windows in this unit for energy efficiency & light. Soaring 15ft ceilings, exposed brick, oversized windows. Two bedrooms with great closet space & 1 ½ baths. The versatile loft is a perfect office, media, or guest room. Upgraded granite kitchen with premium cabinetry & full appliance suite, updated bathrooms, in-unit laundry and assigned parking. Minutes to the commuter rail, parks, restaurants, and the waterfront! Open Houses: Friday, 6/13 4–5:30 PM Saturday, 6/14 from 10:30 AM–12 Noon Offers due: Monday, 6/16 by 2:00 PM (please allow 24 hours for response)
  • Listed by: Sarah MacBurnie • Ocean's Edge Real Estate
Listing closed: 07/09/2025 12:00 AM • Source: MLS PIN, MLS#: 73388765

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Recent comparable sales

Median sold price

$495,000

Avg days on market

21

Sale-to-list ratio

98.0%

Beverly, MA

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$515,000 | 12 Fayette Street, Unit 4, Beverly, MA 01915
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Location

Listing Courtesy of Ocean's Edge Real Estate, Sarah MacBurnie

Sold By RE/MAX Beacon, The Murray Brown Group

Add your commute

Payment Calculator

$3,939 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,829

Property Taxes

$414

HOA Dues

$695

The Payment Calculator is for illustrative purposes only.

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Property Information for 50 Rantoul Street, Unit 502

Property Details
  • Taxes: $4,973 / year
  • MLS Type: Condominium/Co-Op / Condo
  • County: Essex County
  • Town: Beverly
  • Area: MA-Beverly
  • Style: Townhouse, Mid-Rise, Loft
  • Garage Spaces: 0
  • Parking Spaces Total: 1
  • Unit Placement: Top/Penthouse, Corner
Building Information
  • Building/Complex: The Gateway
  • Floor: 5
  • Residences: 165
  • Pet Policy: Allowed
  • Pet Policy Details: Pets Allowed
  • Year Built: 1988
General Details
Property Details
  • Association Amenities: Pool, Elevator(s), Fitness Center, Clubroom
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Current Financing: Conv. Fixed
  • Living Area: 1479.0
  • SqFt with Basement: No
  • Total Units: 165
  • Property Attached: Yes
  • Type of Condo: Condo
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Basement Features: N
  • Common Walls: Top/Penthouse, Corner
  • Num of Baths: 2.0
  • Num of Full Baths: 1
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 1.50
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet
  • Interior Features: Loft
  • Interior Features: Intercom
  • Laundry Features: Second Floor, Electric Dryer Hookup
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Brick
  • Exterior Features: Deck - Roof + Access Rights, Professional Landscaping
  • Exterior Features: Pool - Inground, Professional Landscaping
  • Patio And Porch Features: Deck - Roof + Access Rights
  • Pool Features: Association, In Ground
  • Structure Type: Townhouse, Mid-Rise, Loft
  • Waterfront Features: 1/2 to 1 Mile To Beach
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Assigned, Guest
  • Parking Features: Assigned, Guest
  • Parking Features: Assigned, Guest
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Electric Dryer
  • Water: Public
Room Information
Primary Bedroom
  • Room Primary Bedroom Features: Closet,Flooring - Wall to Wall Carpet
  • Primary Bedroom Level: First Floor
Bedroom 2
  • Bedroom2 Features: Closet,Flooring - Wall to Wall Carpet
  • Bedroom2 Level: First
Bathroom 1
  • Bathroom1 Features: Bathroom - Full,Bathroom - With Tub & Shower
  • Bathroom1 Level: First
Bathroom 2
  • Bathroom2 Features: Bathroom - Half
  • Bathroom2 Level: First
Dining Room
  • Dining Room Features: Flooring - Wood
  • Dining Room Level: First
Kitchen
  • Kitchen Features: Flooring - Wood,Countertops - Stone/Granite/Solid
  • Kitchen Level: First
Living Room
  • Room Living Room Features: Flooring - Wood
  • Room Living Room Level: First
Property Information
Property Info
  • Year Round: Yes
  • Documents Available: Master Deed, Rules & Regs
  • Documents Count: 2
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: M:0004 B:0077 L:S502,4180076
  • Assessments: $452,500
  • Book: 34052
  • Tax Year: 2025
  • Zoning: IG
Building / Association Information
Living Characteristics
  • Beds Total: 2
  • Total Living Levels: 1
Complex & Association Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
  • Complex Name: Gateway Condominium
  • Complex Complete: Yes
  • Management: Professional - Off Site
  • Units Owner Occupied: 132
  • Owner Occupied Source: management
  • Association Security: Intercom
  • Adult Community: No
Unit Information
Unit Information
  • Unit Building: 502
  • Unit Floor Level Integer: 5.0

Property History for 50 Rantoul Street, Unit 502

DateEvent & SourcePriceAppreciation
Jul 9, 2025

Sold (Public Record)

Public Record #1905367145

$530,000

+6.3% / yr

Jul 9, 2025

Sold

MLS PIN #73388765

$530,000—
Jun 21, 2025

Under Agreement

MLS PIN #73388765

—
DateEvent & SourcePrice
07/09/2025

Sold (Public Record)

Public Record #1905367145

$530,000

+6.3% / yr

07/09/2025

Sold

MLS PIN #73388765

$530,000
06/21/2025

Under Agreement

MLS PIN #73388765

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 50 Rantoul Street, Unit 502

Taxable ValueLand-Additions$452,500Total-
Tax Record2025$4,973 ($414 / month)
Home Facts
Beds2Baths1.5Total Finished SqFt1,479 SqFtAbove Grade Finished SqFt1,479 SqFtStories1StyleCondominiumYear Built1988Year Renovated1988ZoningIGCountyESSEXAPNBEVE M:0004 B:0077 L:S502

Schools near 50 Rantoul Street, Unit 502

This home is within Beverly School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
Ayers/Ryal Side School
PublicK to 4

Briscoe Middle School
Public5 to 8

Beverly High School
Public9 to 12

Cove Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Ocean's Edge Real Estate, Sarah MacBurnie

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.